(As today 6-7-19) Hulk price at all time high .....??

[VacherObsessive]

Originally Posted by DCGuy1965

Geez, these prices are outrageous. I've not been keeping up to date with the price trend but I'm damn glad I got my 16610LV F series at the original$4875 retail. The Hulk was derived from the original LV. My AD said they used to sit forever and it was a niche market. Not anymore.

In those days you should have secured at least 10-15% discount off retail

[grimps]

I picked mine up at Dubai airport a few years ago , when the lady completed the sale and put it in a bag for me she went under the counter and pulled another one out and put it on display.
I miss those days

[Wiener48]

Here are some...

[peterpl]

Originally Posted by Wiener48

Here are some...

LOL

Artificial bubble I'm telling ya. That is only ONE gray dealer. I know one that probably has more than this in his vault.

[SL BRABUS]

Originally Posted by AK797

Can't happen like that, greys will not flood the market ever, they will release them piecemeal even if a bunch of safe queens are sold to them, to keep up the scarcity and price, and those that sell them privately will still ask top dollar as well as that is why they are selling them.

This.....^^^.......

[LarsFS]

I've received a firm bid from a reputable grey of $14.5k for mine, which I bought this year from, an AD. That's what I consider it to be 'worth' today, though I have not sold it. This is all just speculation, and nobody knows what will happen any more than they did with tulips, Enron or Amazon stock or air cooled Porsches. It is simply impossible to say with certainty whether a rolex model, or any other "thing" will continue to appreciate with time. Nobody knows. Tastes change, technology changes, economies change, and so on.

This is a recent phenomenon in (these types) watches, and I can't quite understand what's driving it - apart from the standard rationales given, which count artificially constricted supply (but, a rolex sub is not a true luxury item - really, it is not), and increasing demand (purportedly from far eastern buyers). Whatever the reason(s), the fact remains that they have indeed appreciated. It may not be so forever, of course: Only a few years ago, a friend of mine was able to buy a GMT2 sub from AD at a discount, in a city the economy of which is closely tied to the performance of oil. So, with any big development (e.g., recession) it is of course very possible, and plausible, that demand should weaken.

I read the sales posts here from time to time, and I wonder who actually buys these watches at the asking prices, but it obviously appears there is a market at heightened levels (given the bid I received). There seems to be a relatively steady flow on 48th street here in the city, where I myself considered buying a 14060 at some point. I don't really care if a watch appreciates a lot or not, the price is set by the market. Anyone saying "it's not worth that much" is delivering their own subjective opinion, and possibly revealing they regret not buying it at MSRP when they had the chance. Those very same people might indeed have been sellers today, though they would of course never admit to that notion. A watch, like any material thing, is worth whatever anyone is willing to pay for it. You may just not be willing to fork out that much for a watch with relatively few, if at all, complications that is built without any precious metals - and I wouldn't blame you. It just happens to be that someone else might. What bothers me is when I see sales posts where the seller advises that "these will continue to go up in value". I wish moderators would change the requirements so that sellers can't give their subjective opinions like that.


$0.02

[Uggi]

Originally Posted by LarsFS

nobody knows what will happen any more than they did with tulips, Enron or Amazon stock or air cooled Porsches. It is simply impossible to say with certainty whether a rolex model, or any other "thing" will continue to appreciate with time. Nobody knows. Tastes change, technology changes, economies change, and so on.

Though I agree with you - there are sage and prescient members of this forum who claim to know with exact certainty what will happen to Rolex prices in the future and they will disagree with every word of this.

[iatacs19]

How long can they keep them the "vault"? You still need to sell the watches to realize gains at some point...

[stainlesssteelsteve]

I've been on a waiting list for almost a year and my AD says he isn't getting any new inventory and curious if he ever will.

[Lemonvr6]

One local place said they have had three in the last 12 months. I was wearing mine and looking at a dd40 so no real reason to make things up

[SL BRABUS]

Originally Posted by SL BRABUS

(As today 6-7-19) Hulk price at all time high .....??

What going on.....??

Will it continue to rise...??

Overseas in Asian country Hulk are selling over $16,000 for preowned & over $18,000 for NIB.......

Example of the two well known trusted dealer here in the US...

Justrolex NIB 2019 Hulk @ $17,395

DAVIDSW Preowned 2014 Hulk @ $14,875






It's an incredible timepiece for sure..^^^..!!!

Revisiting thread 1 years later.....

Well known trusted dealer here in the US...

Justrolex NIB 2020 Hulk @ $16,395

As for June 22,2020 not all time high but the market on the Hulk continued to stay strong during bad economy.....

[AK797]

Originally Posted by SL BRABUS

Revisiting thread 1 years later.....

Well known trusted dealer here in the US...

Justrolex NIB 2020 Hulk @ $16,395

As for June 22,2020 not all time high but the market on the Hulk continued to stay strong during bad economy.....

Not a bad price, Watchfinder here still want UK £15k.

[1665fan]

Hope my kermits follow!!!

[synrrgy]

Originally Posted by grimps

I picked mine up at Dubai airport a few years ago , when the lady completed the sale and put it in a bag for me she went under the counter and pulled another one out and put it on display.
I miss those days

When I bought my 116710 LN a few years back, the sales person did the same thing. Definitely miss those days.

[peterpl]

Simply put they are just not worth the asking prices. Even now during Covid-19 they are all way overpriced still for mass produced watches.

[Willgardner]

Definitely not a good time to purchase one.

[TellingTime]

Originally Posted by LarsFS

I've received a firm bid from a reputable grey of $14.5k for mine, which I bought this year from, an AD. That's what I consider it to be 'worth' today, though I have not sold it. This is all just speculation, and nobody knows what will happen any more than they did with tulips, Enron or Amazon stock or air cooled Porsches. It is simply impossible to say with certainty whether a rolex model, or any other "thing" will continue to appreciate with time. Nobody knows. Tastes change, technology changes, economies change, and so on.

This is a recent phenomenon in (these types) watches, and I can't quite understand what's driving it - apart from the standard rationales given, which count artificially constricted supply (but, a rolex sub is not a true luxury item - really, it is not), and increasing demand (purportedly from far eastern buyers). Whatever the reason(s), the fact remains that they have indeed appreciated. It may not be so forever, of course: Only a few years ago, a friend of mine was able to buy a GMT2 sub from AD at a discount, in a city the economy of which is closely tied to the performance of oil. So, with any big development (e.g., recession) it is of course very possible, and plausible, that demand should weaken.

I read the sales posts here from time to time, and I wonder who actually buys these watches at the asking prices, but it obviously appears there is a market at heightened levels (given the bid I received). There seems to be a relatively steady flow on 48th street here in the city, where I myself considered buying a 14060 at some point. I don't really care if a watch appreciates a lot or not, the price is set by the market. Anyone saying "it's not worth that much" is delivering their own subjective opinion, and possibly revealing they regret not buying it at MSRP when they had the chance. Those very same people might indeed have been sellers today, though they would of course never admit to that notion. A watch, like any material thing, is worth whatever anyone is willing to pay for it. You may just not be willing to fork out that much for a watch with relatively few, if at all, complications that is built without any precious metals - and I wouldn't blame you. It just happens to be that someone else might. What bothers me is when I see sales posts where the seller advises that "these will continue to go up in value". I wish moderators would change the requirements so that sellers can't give their subjective opinions like that


$0.02

Isn’t all speech subjective?

[Nairn1980]

Originally Posted by stainlesssteelsteve

I've been on a waiting list for almost a year and my AD says he isn't getting any new inventory and curious if he ever will.

Grey might be your only option

[horseShu]

A few things:
1. Every day I wake up, I breathe a sigh of relief that the Hulk does nothing for me. I like watches because I find them beautiful, not because they are popular, profitable or out of FOMO.

2. Objectively, the Hulk *is* overpriced. It is practically identical to the normal Sub. The only difference is the green dial and green ceramic insert. I don't think those two are harder or more expensive to produce.

3. There is manufacturer's price, and there is market price. Sometimes the two are the same, sometimes they are not. In the case of the Hulk, where demand is higher than supply, market price is higher than MSRP.

4. Remember that this is a luxury watch. Buying is optional. Really, it is. Yeah yeah, it's a "toool" watch, whatever. Maybe it was 20 years ago. Now it's not.

5. There are far more interesting watches out there. Made by other brands. Some with very ingenious complications. No, you like the Hulk only? Really? Wow, I don't know whether to be impressed or to pity you.

6. Yes, I do feel that there are lot of recent users trying to drum up hype for popular models. Maybe they are; it's called marketing. Don't hate the players, hate the game.

[Ihatecheese]

I can't see how the prices stay so high, unless the watch fans feed off each other.

Around these parts I only see these watches on those enjoying retirement or near about. It's definitely a WIS fan favourite, where as the BLNR and pepsi are popular with people into designer fashion and luxury items. That's a dangerous place to be when your audience is limited. Maybe it's just the part of town that I see.

[Yess]

Originally Posted by SL BRABUS

Revisiting thread 1 years later.....



Well known trusted dealer here in the US...



Justrolex NIB 2020 Hulk @ $16,395



As for June 22,2020 not all time high but the market on the Hulk continued to stay strong during bad economy.....

That's going to blow some minds on this forum.

I'll give you the retort now, to save them having to say it: "the economic effects of the shut down won't be truly felt for a year or more".

[AK797]

Originally Posted by horseShu

A few things:
1. Every day I wake up, I breathe a sigh of relief that the Hulk does nothing for me. I like watches because I find them beautiful, not because they are popular, profitable or out of FOMO.

2. Objectively, the Hulk *is* overpriced. It is practically identical to the normal Sub. The only difference is the green dial and green ceramic insert. I don't think those two are harder or more expensive to produce.

3. There is manufacturer's price, and there is market price. Sometimes the two are the same, sometimes they are not. In the case of the Hulk, where demand is higher than supply, market price is higher than MSRP.

4. Remember that this is a luxury watch. Buying is optional. Really, it is. Yeah yeah, it's a "toool" watch, whatever. Maybe it was 20 years ago. Now it's not.

5. There are far more interesting watches out there. Made by other brands. Some with very ingenious complications. No, you like the Hulk only? Really? Wow, I don't know whether to be impressed or to pity you.

6. Yes, I do feel that there are lot of recent users trying to drum up hype for popular models. Maybe they are; it's called marketing. Don't hate the players, hate the game.

I agree with your idea of not amping up the hyped watches and trying to see them more objectively so you don't get suckered into paying some of these crazy premiums... unless these watches are your true dream pieces and have no real substitutes and I feel the LVc does have that singular uniqueness, the green sunburst dial's tone, hue and burst are unequalled by any other brand, unlike the blue and even the chocolate which Rolex also excel at but are now well replicated by others, indeed it's a great nod to Rolex that mighty Patek have improved/changed their Nautilus's traditional steel blue dial to a newer, punchier and similarly vibrant blue sunburst dial.

[AK797]

Originally Posted by Yess

That's going to blow some minds on this forum.

I'll give you the retort now, to save them having to say it: "the economic effects of the shut down won't be truly felt for a year or more".

As I've said before the big greys are huge now with strong balance sheets and reserves, yes they were fly by the seat of their pants merchants ten years ago who would have crumbled by now, but not anymore, and so they will and have been able to hold out for a few months as demand falls to the Covid impact whilst snapping up any bargains they have been desperately thrown which further helps them keep the confidence to maintain their sell prices.

The question is over the next 3 months as the world returns to normal, how many middle and aspiring middle class buyers have been taken out of the market. I suspect with social media being as driving a force as ever, there will be enough money there to keep the premiums up on many models, while the likes of Omega and Breitling et al will really feel the downturn effects. Covid has maybe sped up the next five years into five months but the fundamental market positions of Rolex and the others remain the same.

[AK797]

.

[SL BRABUS]

Originally Posted by AK797

Not a bad price, Watchfinder here still want UK £15k.

Originally Posted by Nairn1980

Grey might be your only option

Originally Posted by Ihatecheese

I can't see how the prices stay so high, unless the watch fans feed off each other.

Around these parts I only see these watches on those enjoying retirement or near about. It's definitely a WIS fan favourite, where as the BLNR and pepsi are popular with people into designer fashion and luxury items. That's a dangerous place to be when your audience is limited. Maybe it's just the part of town that I see.

Originally Posted by Yess

That's going to blow some minds on this forum.

I'll give you the retort now, to save them having to say it: "the economic effects of the shut down won't be truly felt for a year or more".

Originally Posted by AK797

As I've said before the big greys are huge now with strong balance sheets and reserves, yes they were fly by the seat of their pants merchants ten years ago who would have crumbled by now, but not anymore, and so they will and have been able to hold out for a few months as demand falls to the Covid impact whilst snapping up any bargains they have been desperately thrown which further helps them keep the confidence to maintain their sell prices.

The question is over the next 3 months as the world returns to normal, how many middle and aspiring middle class buyers have been taken out of the market. I suspect with social media being as driving a force as ever, there will be enough money there to keep the premiums up on many models, while the likes of Omega and Breitling et al will really feel the downturn effects. Covid has maybe sped up the next five years into five months but the fundamental market positions of Rolex and the others remain the same.

I know the Hulk is not rare.....

But I find it odd for the TRF trusted dealer not to have any in stock but only Justrolex the only dealer have one......

The rest of TRF trusted dealer have a few Kermits, Batman, Batgirl, Daytona 500, Pepsi, & etc.....

Not sure what going on with the Hulk......

Maybe the rumor is true regarding the Hulk going to be discontinued soon......

[RJRJRJ]

Originally Posted by horseShu

A few things:
1. Every day I wake up, I breathe a sigh of relief that the Hulk does nothing for me. I like watches because I find them beautiful, not because they are popular, profitable or out of FOMO.

2. Objectively, the Hulk *is* overpriced. It is practically identical to the normal Sub. The only difference is the green dial and green ceramic insert. I don't think those two are harder or more expensive to produce.

3. There is manufacturer's price, and there is market price. Sometimes the two are the same, sometimes they are not. In the case of the Hulk, where demand is higher than supply, market price is higher than MSRP.

4. Remember that this is a luxury watch. Buying is optional. Really, it is. Yeah yeah, it's a "toool" watch, whatever. Maybe it was 20 years ago. Now it's not.

5. There are far more interesting watches out there. Made by other brands. Some with very ingenious complications. No, you like the Hulk only? Really? Wow, I don't know whether to be impressed or to pity you.

6. Yes, I do feel that there are lot of recent users trying to drum up hype for popular models. Maybe they are; it's called marketing. Don't hate the players, hate the game.

I bought my Hulk back when they just sat in the display case, so I definitely didn't buy based on hype. As far as more interesting, more complicated brands out there, I would agree, on paper. But the pragmatist in me sees complications as things that I am unlikely to use, more delicate watch, less versatile, more frequent and much more expensive servicing costs etc.

[bruinmd]

Originally Posted by SL BRABUS

I know the Hulk is not rare.....

But I find it odd for the TRF trusted dealer not to have any in stock but only Justrolex the only dealer have one......

The rest of TRF trusted dealer have a few Kermits, Batman, Batgirl, Daytona 500, Pepsi, & etc.....

Not sure what going on with the Hulk......

Maybe the rumor is true regarding the Hulk going to be discontinued soon......

My AD feels very confident the watch is going nowhere. I guess we will see.


Sent from my iPhone using Tapatalk

[SL BRABUS]

Originally Posted by bruinmd

My AD feels very confident the watch is going nowhere. I guess we will see.


Sent from my iPhone using Tapatalk

If that true..... & yes time will tell.....

It mean the Hulk is more popular than Kermits, Batman, Batgirl, Daytona 500, Pepsi, & etc.. That why TRF trusted dealer don't have any in stock.....

[glamorama]

Originally Posted by SL BRABUS

If that true..... & yes time will tell.....

It mean the Hulk is more popular than Kermits, Batman, Batgirl, Daytona 500, Pepsi, & etc.. That why TRF trusted dealer don't have any in stock.....

All dealers tend to be very ‘synchronised’ if a model is going to be discontinued, they all have the same idea to buy stock, remove it from market and after discontinuation increase price and slowdrip pieces.

[glamorama]

Originally Posted by bruinmd

My AD feels very confident the watch is going nowhere. I guess we will see.


Sent from my iPhone using Tapatalk

Imagine the disappointment here if it comes back with a new movement and slimmer lugs.